El Nino likely to add to existing inflationary pressures, buffer stocks well-positioned: Eco Review

El Nino-linked rainfall deficit could fuel food inflation, slow growth: Finance Ministry

New Delhi: If rainfall is deficient due to the development of El Nino in June, the transmission to food inflation, rural demand and aggregate growth could be swift, adding to the existing inflationary pressures stemming from elevated global energy prices, the Finance Ministry’s ‘Monthly Economic Review’ for May said on Saturday.  Looking ahead, agricultural prospects for the upcoming kharif season are a source of both near-term comfort and mediu…

El Nino threatens inflation outlook despite strong buffers

Blurb The Finance Ministry warned that El Nino could fuel inflation and slow growth, though strong food stocks and reservoir levels provide a cushion New Delhi The Finance Ministry has cautioned that the possible development of El Nino conditions during the 2026 monsoon season could intensify existing inflationary pressures and affect economic activity, even as strong food grain stocks and healthy reservoir levels provide some protection against…

El Niño Looms Over India's Kharif Season as Food Inflation Risk Mounts

India’s Finance Ministry has warned that a developing El Niño weather pattern could hurt the upcoming kharif crop season and push food prices higher. The warning came in the ministry’s Monthly Economic Review for May, released on Saturday. The ministry said that if rainfall falls short due to El Niño, the impact on food inflation, rural demand and overall economic growth could be quick and severe. This comes at a time when global energy prices a…

El Nino likely to add to existing inflationary pressures, buffer stocks well-positioned: Eco Review

New Delhi, May 30 (SocialNews.XYZ) If rainfall is deficient due to the development of El Nino in June, the transmission to food inflation, rural demand and aggregate growth could be swift, adding to the existing inflationary pressures stemming from elevated global energy prices, the Finance Ministry’s ‘Monthly Economic Review’ for May said on Saturday. Looking ahead, agricultural prospects for the upcoming kharif season are a source of both near…